No Result
View All Result
Tuesday, March 10, 2026
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

Thinni government spent just LD 1.5 bn bank loan in eight months in office

bySami Zaptia
June 2, 2015
Reading Time: 2 mins read
A A

By Libya Herald reporter.

266-Govt presser3-Thinni terror-010615

Tunis, 2 June 2015:

Speaking during his government’s . . .[restrict]press conference held in the eastern city of Al-Beida on Sunday, Prime Minister Abdullah Thinni revealed that his government has spent just LD 1.5 bn since taking office eight months ago.

Moreover, Thinni explained that this amount was a bank loan and not public funds.

RELATED POSTS

Libya’s dinar budget revenues in credit but its dollar expenditure posts US$ 2 bn deficit: CBL January to February 2026 report

Second Deputy HoR Speaker Duma denies having chaired an HoR session during which the new tax law was passed

He revealed that from the first of January 2015, LD 754 million was spent and LD 372 million were spent in 2014. His government still had a balance of LD 300 million in its possession, he confirmed.

Giving further details, Thinni said that LD 30 million was allocated to the army and LD 180 million to the Chief of Staffs.

The Crises Committees for the eastern region received about LD 15 million out of a budgeted LD 51 million Another LD 15 million was given to the Wirshifana Committee, LD 10 to the Zintan Committee, LD 8 to the Rijban Committee and LD 15 million to the Southern region committee.

Thinni said that the government had to deal with the various crises committees despite the fact that the government did not have a crises budget.

The Prime Minister said that his government had requested from the House of Representatives (HoR) a budget of around LD 4 bn in order to deal with the various bottlenecks across the country.

Thinni also explained that a crises budget would free his government from the slow routine of pre-spending approvals from the Audit Bureau, as auditing would be instantaneous or after expenditure.

However, he was keen to assure that all expenditure through the Ministry of Finance had received pre-approval from the Audit Bureau – a state organ that comes under the authority of the HoR.

Thinni also explained that the HoR was fully aware of all government spending in the years 2014-2015.

Despite all the many crises, the government was still able to keep all the utilities going despite a shortage of resources, he added.

The government was also able in these eight months through a budget of just LD 1.5 bn to operate and pay all state-sector salaries in the east, south and in western regions.

The Prime Minister added that his government had obtained LD 300 million which would enable it to pay all wages including April and is on the verge of obtaining wages for May and June to be paid before the start of the fasting month of Ramadan. [/restrict]

Tags: bank loanbudgetfeaturedHoR House of RepresentativesThinni

Related Posts

CBL receives results from meetings with international banks
Business

CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments – including integrating illegal migrants

March 10, 2026
Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis
Libya

Op-Ed: Boulos entrenches Libya’s “flawed reality” and absence of a European role opens door to paths that deepen crisis

March 10, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Aldabaiba continues to appoint new ministers despite political opposition to the legality of the process

March 5, 2026
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

Former Culture Minister declared yesterday that she does not accept her sacking by PM Aldabaiba – today she is prevented from entering the ministry

March 4, 2026
Largest-ever Libyan government delegation to visit Washington first week of September
Libya

Libya needs unified institutions to restore economic vitality through UNSMIL’s efforts: Trumps Advisor Boulos

March 4, 2026
HoR condemns Serraj’s foreign intervention call
Libya

HoR members call for amendment of the HoR’s internal regulations – to check Ageela Saleh’s unilateral decision-making powers

March 3, 2026
Next Post
Tight security at police cadet graduation

Tight security at police cadet graduation

Ceasefire agreement in Obari between Tebu and Tuareg

Top Stories

  • GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

    Aldabaiba continues to appoint new ministers despite political opposition to the legality of the process

    0 shares
    Share 0 Tweet 0
  • Libya needs unified institutions to restore economic vitality through UNSMIL’s efforts: Trumps Advisor Boulos

    0 shares
    Share 0 Tweet 0
  • Libya supplied nearly a quarter of Italy’s total crude oil imports in 2025

    0 shares
    Share 0 Tweet 0
  • Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    0 shares
    Share 0 Tweet 0
  • Serbia agrees to partially reopen its Tripoli embassy this May and start Tripoli-Belgrade flights soon

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

CBL discusses with Libya’s Telecoms Holding Company increasing the use of e-payments – including integrating illegal migrants

Libya’s dinar budget revenues in credit but its dollar expenditure posts US$ 2 bn deficit: CBL January to February 2026 report

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.